Fraud Archives - Page 8 of 13

Compliance, Fraud Alert, June – August 2023

Crypto Kaleidoscope

June 8, 2023August 2, 2023 /Leave a comment

Editor’s note: This article is the first in a two-part series by the author on cryptocurrency and fraud. Many people are both compelled and confused by crypto. This is understandable as it is difficult to aurally reconcile the cacophony from critics, the Muzak from adherents...

ACAMS Today Europe Digital, Europe Express, Featured Column, Fraud

The Emotional Consequences of Fraud

May 22, 2023April 26, 2024 /Leave a comment

Editor’s note: This article is the first part of a two-part series on the emotional consequences of fraud and how financial institutions (FIs) can respond to address the issue. The second part “Responding to the emotional impact of fraud” can also be found in the...

ACAMS Connection, AFC Policy, AML Policy, Badge Bulletin, Exclusive, Featured Column, Fraud

FinCEN’s Fraud Policies

April 27, 2023April 26, 2024 /Leave a comment

The article titled “FinCEN’s AML and Terrorist Financing Priorities: An Introduction,”1 featured in the ACAMS Today 12th Law Enforcement Edition, shared general thoughts, basic definitions, and practical examples on each of the national anti-money laundering (AML) priorities. This article, the sixth of the series, will...

ACAMS Connection, AFC Challenges, Exclusive, Fraud Alert

Insider Fraud and Employee Monitoring: Learn from Others’ Mistakes

March 31, 2023March 27, 2024 /Leave a comment

When thinking of employees who have reached managerial roles or work in loss prevention, the last attribute that comes to mind is untrustworthy. However, that is exactly what they were in 2022 at Amazon. These roles naturally convey trust, which can lead to unquestioned agreement...

ACAMS Connection, Career Guidance, December 2022 – February 2023, Featured Column, Fraud

The Fraudulent Candidate Phenomenon

December 12, 2022April 26, 2024 /1 Comment

I thought I had finished writing articles about the effects of the pandemic on work and the employment market. I discussed working from home, returning to the office, the growth of fintech and the renaissance of digital banking and how the new normal would look....

ACAMS Connection, AFC Challenges, December 2022 – February 2023, Fraud, In Focus

The Nature of Synthetic Identity Fraud

December 12, 2022April 26, 2024 /Leave a comment

In January 2020, the Federal Bureau of Investigation reported that the fastest-growing financial crime in the U.S. is synthetic identity fraud. Banks and financial institutions (FIs) lost $20 billion in 2020 as a result of synthetic identity fraud. This type of fraud occurs when criminals...

December 2022 – February 2023, Fraud, From the Editor

Treats, Gift Bags and Fraud?

December 12, 2022April 26, 2024 /Leave a comment

I volunteer and work with a group of teenage girls who have taught me a few tricks on how to take better pictures with my iPhone or how to create the perfect post for my social media accounts. These teenage girls are savvy beyond their...

ACAMS Connection, December 2022 – February 2023, Fraud, Practical Solutions

Elvis and the Fraud Triangle

December 12, 2022April 26, 2024 /Leave a comment

In 2022, Warner Brothers released the movie Elvis, which explores the complex and sometimes contentious relationship between the King of Rock and Roll, Elvis Presley, and his longtime manager, Colonel Tom Parker, played by Hollywood icon Tom Hanks. Through guile and charm, Parker convinces Presley to...

ACAMS Connection, Fraud, June - August 2022, Practical Solutions

A Three-pronged Approach to Fighting Crypto Fraud

August 1, 2022April 26, 2024 /Leave a comment

Cryptocurrency has transitioned from a niche concept to a mainstream one. (You know a topic has hit big time when it is popular on TikTok!) There are more than 19,000 cryptocurrencies in the world1—and the number continues to grow. Bitcoin, Ethereum and Dogecoin are the...

AFC Challenges, Fraud, June - August 2022

Fighting Fraud in the 2020s: All Hands on Deck for the Crime of the Century

August 1, 2022April 26, 2024 /Leave a comment

Police agencies have come a long way when it comes to financial crime investigations and the importance put on these cases. Although not necessarily considered a top five job to most officers, its importance is starting to show in almost every investigation. Financial crime investigators...

ACAMS Today

The Magazine for Career-Minded Professionals in the Anti-Financial Crime Field

Cooking quality money laundering: A recipe to aid AML professionals

Digital wealth, physical harm: The rise of crypto kidnapping

Europe’s dirty secret: Waste trafficking

The evolving threat from within

Oksana Ihnatenko: Fighting financial crime in Ukraine

Risks and romance: What the dating industry can learn from financial crimes compliance

Fraud

Crypto Kaleidoscope

The Emotional Consequences of Fraud

FinCEN’s Fraud Policies

Insider Fraud and Employee Monitoring: Learn from Others’ Mistakes

The Fraudulent Candidate Phenomenon

The Nature of Synthetic Identity Fraud

Treats, Gift Bags and Fraud?

Elvis and the Fraud Triangle

A Three-pronged Approach to Fighting Crypto Fraud

Fighting Fraud in the 2020s: All Hands on Deck for the Crime of the Century